Mr Ayres said the government would consider selling 51 per cent of the Sydney Motorway Corporation which would mean the new owner could continue to the M5 toll until 2060.

Yesterday, several Labor MPs based in south west Sydney launched a petition in opposition to any extension of the M5 toll beyond 2026.

Campbelltown MP Greg Warren said every household in his electorate would have the chance to sign the petition.

He also urged all south west Sydney residents – regardless of what electorate they lived in – to contact their local MP and voice their concerns.

“By 2026, this road will have been paid for,” he said.

“Why should hardworking and frustrated motorists have to pay more than they have while getting nothing in return?

“Every household in my electorate will be receiving a copy of the petition in their mailbox this week, and I urge everyone to sign it and return it straight away, so we can send a clear message to the government – no new tolls on the M5.

“This is yet another sneaky act by a spiteful government that’s clearly out of touch with the challenges and hardships of many local families and local small business owners in Campbelltown and Macarthur.”

Opposition roads spokeswoman Jodie McKay said it was vital residents in the south west of Sydney made their voices heard.

“I encourage all local residents to return their petitions to ensure we can take the flight to the floor of parliament.

“Labor understands local residents do not want the toll extended, and we’re determined to ensure that the Premier hears that message loud and clear.”